Muthoot Microfin Limited — Important, 27-11-2025: Committee Meeting Updates
27-11-2025 | 06:46 pm
27-11-2025 | 06:46 pm
The Debenture Issue and Allotment Committee has approved a private placement issuance of Non-Convertible Debentures (NCDs) totaling ₹450 Crore. This fundraising comprises 1,50,000 NCDs with a face value of ₹10,000 each, aggregating ₹150 Crore, and 30,000 NCDs with a face value of ₹1,00,000 each, totaling ₹300 Crore. These listed, secured, and redeemable NCDs will have tenures ranging from 23 to 36 months, offering annual interest rates between 9.70% and 9.95%, payable monthly. This initiative will bolster the company’s financial resources for its operations.
No comments yet. Be the first to comment!
